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FranchiseVerdict

FDD Items 3 & 4 · 2022 filing

Renew Crew litigation history

What Renew Crew disclosed about lawsuits, arbitrations and bankruptcy in the 2022 Franchise Disclosure Document. Item 3 lists the material legal actions a franchisor must report; Item 4 covers bankruptcy. This is the franchisor's own disclosure, not a court record, and not legal advice.

Items 3 & 4 at a glance

What the filing discloses

Cases disclosed
8
Item 3, as counted in the filing
Largest disclosed settlement
$140K
As stated in Item 3
Bankruptcy (Item 4)
None
Franchisor, parent, predecessor or officer
Filing year
2022
Disclosures cover the prior ten years

Extracted from the 2022 Franchise Disclosure Document

Item 3: litigation

360 Painting and CEO Paul Flick involved in 5 litigation matters. (1) 360 Painting LLC v. DeGregorio LLC (N.D. Ill. 2021): Breach of franchise agreement, personal guaranty, and fraud claims settled for $21,000 on 12/24/2021. (2) Deborah Carreno v. 360 Painting (S.D. Cal. 2019): Breach of implied covenant, misrepresentation, and unfair practices claims settled for $57,500 in 11/2021. (3) Leslie Owens Brown v. 360 Painting Inc. and Paul Flick (Maryland 2013): Unregistered franchise claim settled for $46,000 via consent order 10/10/2013. (4) MMG-360 LLC v. Paul Flick et al. (Ohio 2011): Fraud and breach of contract settled in 7/2013. (5) Maryland Securities Commissioner administrative proceeding (Case 2015-0477) initiated 2/23/2016 regarding franchise activities. No pending litigation or litigation against franchisees in last fiscal year.

Disclosure signals that moved the score

How this shows up in the verdict

  • 8 litigation matters (affiliate/CEO) including 4 governmental actions

The verdict grade is FranchiseVerdict's editorial assessment across SBA loan performance, unit growth, revenue and disclosure signals. It is not investment advice.

Before you weigh a lawsuit

How to read Item 3

A franchisor must disclose pending actions and any material civil action involving the franchise relationship, plus convictions or civil judgments for fraud, unfair or deceptive practices, or franchise-law violations, going back ten years. A case the franchisor brought against a franchisee counts too. Item 3 does not include every dispute: settled claims below the materiality line and matters resolved in private arbitration can be absent.

Questions worth asking current and former franchisees, using the contact list in Item 20:

  • Were you, or anyone you know in the system, party to a dispute with the franchisor?
  • Was it resolved by settlement, arbitration or a court, and on what terms?
  • Has the number of disputes gone up or down since you signed?